Sirona Dental Systems
The 10-second takeaway
For the quarter ended June 30 (Q3), Sirona Dental Systems beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank slightly and GAAP earnings per share dropped significantly.
Gross margins increased, operating margins were steady, and net margins shrank.
Sirona Dental Systems chalked up revenue of $242 million. The 12 analysts polled by S&P Capital IQ wanted to see revenue of $234.1 million on the same basis. GAAP reported sales were 1.1% lower than the prior-year quarter's $244.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.80. The 14 earnings estimates compiled by S&P Capital IQ predicted $0.77 per share. GAAP EPS of $0.53 for Q3 were 16% lower than the prior-year quarter's $0.63 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 53.1%, 130 basis points better than the prior-year quarter. Operating margin was 19.0%, about the same as the prior-year quarter. Net margin was 12.5%, 230 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $229.4 million. On the bottom line, the average EPS estimate is $0.70.
Next year's average estimate for revenue is $958.4 million. The average EPS estimate is $3.07.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 103 members rating the stock outperform and 12 members rating it underperform. Among 38 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give Sirona Dental Systems a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sirona Dental Systems is outperform, with an average price target of $55.99.
- Add Sirona Dental Systems to My Watchlist.